Question
Priya bought a gadget at 40% discount on its listed price
and later sold it by offering a 20% discount on the listed price. What was her profit percentage?Solution
ATQ;
Let the listed (marked) price of the gadget be Rs. '100x'
So, cost price for Priya = 100x × 0.60 = Rs. '60x'
And selling price for Priya = 100x × 0.80 = Rs. '80x'
So, profit percentage = {(80x - 60x)/60x} × 100 = 33.33%
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